MAIN STREET ALTUS INC (EIN 731433817) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

LINDSAY BERGMARK

Phone

5804822277

Tax Period

2024-07-01 to 2025-06-30

MAIN STREET ALTUS INC, founded in 1998, is a small nonprofit in the Community Improvement sector that reported $233K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO PROMOTE ECONOMIC GROWTH AND PRESERVING THE HISTORIC AND AESTHETIC INTEGRITY OF DOWNTOWN ALTUS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $111,716

Program Service Revenue $119,692

Investment Income $1,331

Other Revenue $0

TOTAL REVENUE $232,739

Expense Breakdown

Grants Paid $0

Salaries & Benefits $73,319

Fundraising Expenses $6,642

Program Expenses $129,805

Other Expenses $161,567

TOTAL EXPENSES $236,030

Year-over-Year Comparison

	2024	2023	Change
Revenue	$232,739	$198,131	+0.2%
Expenses	$236,030	$205,810	+0.1%
Net Income	$-3,291	$-7,679	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$58,223

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PRESTON GUNKEL	PRESIDENT	2.00	Officer	$0	$0	$0
EMILY WORRELL	VICE PRESIDENT	2.00	Officer	$0	$0	$0
LINDSEY BERGMARK	SECRETARY	2.00	Officer	$0	$0	$0
LORI HOLT	TREASURER	2.00	Officer	$0	$0	$0
SAMANTHA BRAKER	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALLEN COLLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN ENGLISH	BOARD MEMBER	1.00	Director	$0	$0	$0
RICK HAMMOCK	BOARD MEMBER	1.00	Director	$0	$0	$0
TAMMY HERNANDEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
CLARK HUEY	BOARD MEMBER	1.00	Director	$0	$0	$0
KATIE STEPHENS	BOARD MEMBER	1.00	Director	$0	$0	$0
BARBARA TIMS	BOARD MEMBER	1.00	Director	$0	$0	$0
LYNNA WILMES	PROGRAM DIRECTOR	40.00	Key Emp Highest	$45,041	$0	$45,041
AMANDA REDDING	ASSISTANT PROGRAM DIRECTOR	40.00	Key Emp	$13,182	$0	$13,182

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$232,739	$236,030	$113,930	$-3,291

MAIN STREET ALTUS INC